Leading self-elevating support vessel (SESV) operator Gulf Marine Services has (following recent news of the acquisition of a new vessel to expand its fleet) announced yet another contract extension – relating to two of its vessels in the Middle East. Ahead of the release of revised FY26F EBITDA guidance, our forecasts remain unchanged for now although, in the meantime, we remain very optimistic that the commencement of shareholder returns can provide a powerful re-rating catalyst this year – an ....
